Nigeria Records 3.7% Economic Growth on Oil, Business Gains in H1 The Nigerian economy is estimated to have grown by about 3.7 per cent in the first half of 2025, driven by improved business conditions and increased oil production. This was revealed in the Stanbic IBTC...

FG, Stanbic IBTC, Standard Bank Hold Talk On Solid Minerals Financing   The Federal Government on Thursday opened talks with a team of bankers from the Stanbic IBTC and Standard Bank, South Africa, on financing investments in iron ore and coal processing. Minister of State for Mines...

Perceived Regulatory Problems Hinders Foreign Investment, Says Stanbic IBTC The Chief Executive, Stanbic IBTC Stockbrokers Limited, Mrs Titi Ogungbesan, says perceived private sector challenges with regulators reduced foreign investment in the capital market. Ogungbesan said in an interview with journalists that stifled consumer spending also led...

Stanbic IBTC, Dangote Cement Partners On N50b Commercial Paper Issuance   Stanbic IBTC Capital, and Stanbic IBTC Bank, subsidiaies of Stanbic IBTC Holdings Plc, have partnered with Dangote Cement Plc, Africa’s largest cement producer, to announce the issuance of a N50billion Series 1 and 2 Notes,...

The 12 banks involved in the $1.2 billion 9Mobile loan are setting aside a large part of the debt from their books ahead of the December 31 end-date for the fiscal year. The mobile company took the loan four years ago from a consortium of...

It is an open secret that Nigerian’s economy is being systematically and deliberately raped as often canvassed in this column. What is obvious is that Nigerians have become poorer despite bountiful revenue and heavy debt accumulation over the years.   The above is the title of...